Ireland Interest Rate

The benchmark interest rate In the Euro Area was last recorded at 0 percent. Interest Rate in the Euro Area averaged 1.94 percent from 1998 until 2019, reaching an all time high of 4.75 percent in October of 2000 and a record low of 0 percent in March of 2016.

Interest Rate in Euro Area is expected to be 0.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Euro Area to stand at 0.25 in 12 months time. In the long-term, the Euro Area Interest Rate is projected to trend around 1.25 percent in 2020, according to our econometric models.

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Ireland Interest Rate

Ireland is a member of the European Union which has adopted the euro. Ireland's benchmark interest rate is set by the European Central Bank. The official designation for the rate is main refinancing operation. This page provides - Ireland Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ireland Interest Rate - actual data, historical chart and calendar of releases - was last updated on March of 2019.